Global 500
OracleRANK314
Oracle had a difficult latter half of 2019, punctuated by the death of co-CEO Mark Hurd in October. Hurd had played a crucial role in generating sales for the company, often serving as Oracle's public face. His death came amid an already challenging period for Oracle, which ended its fiscal 2019 with year-over-year sales flat, at $39.5 billion. The stagnant revenue underscored the obstacles the database giant has faced in recent years in keeping up with flourishing rivals like Amazon Web Services and Microsoft.
Latest news for Oracle
- Energy‘It’s a black eye for Texas’: Power outages hinder state’s image as business utopiaFebruary 20, 2021 1:30 PM UTC
- FinanceAvoid these two types of tech stocks in 2021, says noted investor Cathie WoodJanuary 25, 2021 12:00 AM UTC
- TechOracle moves its headquarters to Texas, adding to Silicon Valley exodusDecember 11, 2020 10:36 PM UTC
- MagazineHow the secretive CFIUS became a powerful weapon in the trade warsOctober 19, 2020 10:00 AM UTC
- NewslettersAlready down 13%, Big Tech stocks have plenty more room to fall, analysts saySeptember 22, 2020 9:25 AM UTC